Economic indicators appeared upbeat to give the second quarter of the current financial year a rousing start with robust GST collections, rise in ITR
Refunds from the IT Department can be obtained only if income tax returns have been filed
States can avoid revenue shortfall and add potential Rs 1.77 lakh crore to their revenues, if they implement the reforms well in time
The GST revenues for the month of June 2021 are 2% higher than Rs 90,917 crore collected in June 2020.
The collection figure crossed Rs 1 lakh crore despite the fact that most of the states have been under strict lockdown due to the pandemic, the Financ
In the Revised Estimates for 2020-21, the target was set at Rs 9.89 lakh crore
The latest revenue numbers hold promise — for the fiscal health of the states and the Centre — for welfare spending and most importantly, for the
The growth in the current year is estimated to contract by 8% on account of the Covid-19 pandemic
Out of that amount, the shortfall from cess collections will be at Rs 1.6-2 lakh crore, according to an Icra report